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Recession-resistant medical office building sold (access required)

by Becky Hurley

Published: April 10,2009

Time posted: 12:00 am

Tags: real estate column

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The Rangewood medical building at 7560 Rangewood Drive has been purchased by NetREIT, a California-based investment group for $2.66 million. The 18,222-square-foot facility was 92 percent leased at the time of purchase, said Troy Meyer of Sperry Van Ness, listing broker for the seller, the DeCelles Family Trust. "We took the listing in late January and went ...





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